Willdan Group, Inc. (NASDAQ:WLDN) Position Increased by Geode Capital Management LLC

Geode Capital Management LLC raised its stake in shares of Willdan Group, Inc. (NASDAQ:WLDN) by 0.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 294,797 shares of the construction company’s stock after buying an additional 1,514 shares during the period. Geode Capital Management LLC owned 2.09% of Willdan Group worth $12,075,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Wulff Hansen & CO. increased its position in Willdan Group by 2,785.0% in the 2nd quarter. Wulff Hansen & CO. now owns 668,310 shares of the construction company’s stock worth $19,281,000 after buying an additional 645,145 shares during the period. Allspring Global Investments Holdings LLC acquired a new position in shares of Willdan Group in the 3rd quarter worth approximately $2,970,000. Acadian Asset Management LLC boosted its stake in shares of Willdan Group by 1,905.2% in the 2nd quarter. Acadian Asset Management LLC now owns 55,144 shares of the construction company’s stock valued at $1,588,000 after purchasing an additional 52,394 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of Willdan Group by 339.9% in the 2nd quarter. Renaissance Technologies LLC now owns 55,426 shares of the construction company’s stock worth $1,599,000 after purchasing an additional 42,826 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in Willdan Group by 68.9% during the 2nd quarter. Millennium Management LLC now owns 104,259 shares of the construction company’s stock valued at $3,008,000 after purchasing an additional 42,533 shares in the last quarter. 72.29% of the stock is owned by institutional investors.

Willdan Group Price Performance

NASDAQ WLDN opened at $38.09 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.77 and a current ratio of 1.77. Willdan Group, Inc. has a 52-week low of $17.23 and a 52-week high of $50.00. The business has a 50 day simple moving average of $42.51 and a 200 day simple moving average of $38.59. The stock has a market cap of $538.02 million, a price-to-earnings ratio of 23.37 and a beta of 1.36.

Insider Transactions at Willdan Group

In related news, CEO Michael A. Bieber sold 1,804 shares of the stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $45.86, for a total transaction of $82,731.44. Following the completion of the transaction, the chief executive officer now owns 173,654 shares in the company, valued at approximately $7,963,772.44. This represents a 1.03 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Creighton K. Early sold 4,349 shares of Willdan Group stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $43.13, for a total value of $187,572.37. Following the completion of the sale, the chief financial officer now directly owns 69,146 shares in the company, valued at approximately $2,982,266.98. This represents a 5.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,787 shares of company stock valued at $936,061 over the last quarter. Corporate insiders own 9.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on WLDN shares. Wedbush reiterated an “outperform” rating and set a $51.00 price target on shares of Willdan Group in a research report on Monday, November 4th. StockNews.com lowered Willdan Group from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, October 9th.

About Willdan Group

Willdan Group, Inc, together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. It operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and software and data analytics, as well as energy consulting and engineering, turnkey facility and infrastructure projects, and customer support services.